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image Interest Rates FCNR(B)/RFC

UNION BANK OF INDIA
REVISION IN RATES OF INTEREST ON
FCNR (B) AND RFC DEPOSITS
FCNR (B) Deposits:
The details of revised rates of interest on FCNR (B) & RFC term deposits in the permitted currencies w.e.f. 01.04.2021 are given below:
PERIOD
USD< 300,000
USD >= 300,000
GBP
EUR
  Existing Revised Existing Revised Existing Revised Existing Revised

1YR<2YRS

0.87

0.88

0.87

0.88

0.53

0.56

0.01

0.01

2YRS<3YRS

0.76

0.80

0.86

0.90

0.67

0.71

0.01

0.01

3YRS<4YRS

0.99

1.07

1.09

1.17

0.80

0.85

0.01

0.01

4YRS<5YRS

1.15

1.28

1.25

1.38

0.92

0.99

0.01

0.01

5YRSONLY

1.32

1.48

1.42

1.58

1.02

1.10

0.03

0.02

                 
FCNR (B) Deposits:
 
PERIOD
JPY
CAD
AUD
  Existing Revised Existing Revised Existing Revised

1YR<2YRS

0.01

0.01

0.62

0.62

0.21

0.19

2YRS<3YRS

0.06

0.06

0.73

0.68

0.28

0.25

3YRS<4YRS

0.09

0.08

0.97

0.98

0.45

0.44

4YRS<5YRS

0.11

0.10

1.23

1.26

0.69

0.70

5YRSONLY

0.13

0.12

1.50

1.53

0.94

0.94

RFC Deposits::
 
PERIOD
USD < 300,000
USD>= 300,000
GBP
EUR
JPY
CAD
AUD
  Existing Revised Existing Revised Existing Revised Existing Revised Existing Revised Existing Revised Existing Revised
TERM DEPOSITS                      
6 MONTHS to <1 YR

0.87

0.88

0.87

0.88

0.53

0.56

0.01

0.01

0.01

0.01

0.62

0.62

0.21

0.19

1 YR to <2 YRS

0.87

0.88

0.87

0.88

0.53

0.56

0.01

0.01

0.01

0.01

0.62

0.62

0.21

0.19

2 YRS to <3 YRS

0.76

0.80

0.86

0.90

0.67

0.71

0.01

0.01

0.06

0.06

0.73

0.68

0.28

0.25

3 YRS

0.99

1.07

1.09

1.17

0.80

0.85

0.01

0.01

0.09

0.08

0.97

0.98

0.45

0.44